The confusion regarding a delay to the FID originated from a filing by NextDecade with US securities regulators late on Friday 8 May. The filing was made with regards to a delay in the company releasing its quarterly earnings report until 18 May, from the original deadline of 11 May.
Within the filing, in compliance with federal guidance, the company included a COVID-19 risk factor describing the potential impacts of the pandemic on its business. The impacts listed included a possible delay to the Rio Grande LNG FID.
In an email to Reuters, a NextDecade spokeswoman reportedly clarified the current situation regarding the FID schedule, saying that in its recent filing the company did not provide an update on its project’s FID timing.
